Prøve GULL - Gratis
SP GROUP SELLS BROWNFIELD GOPALPUR PORT
Construction Week
|April 2024
The enterprise value of the transaction is Rs 3,350 crore
-
The Shapoorji Pallonji Group has announced the sale of its brownfield Gopalpur Port to Adani Ports and SEZ for an enterprise value of Rs 3,350 crore. This marks the second port divestment by the diversified conglomerate in recent months, following the earlier divestment of its Dharamtar Port to JSW Infrastructure for an enterprise value of Rs 710 crore.
These asset sales reflect the SP Group's commitment to deleveraging and its strategy of planned asset monetization with leading counterparts in the industry.
Denne historien er fra April 2024-utgaven av Construction Week.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Construction Week
Construction Week
LOOK DOWN; GET FLOORED
The flooring industry is thriving as new developments, redevelopments and renovations across sectors continue to happen
6 mins
September 2025
Construction Week
A BLUEPRINT FOR GROWTH
Aakash Ohri, Joint Managing Director and Chief Business Officer at DLF Home Developers, discusses expansion, luxury housing demand, and strategic focus.
6 mins
September 2025
Construction Week
SMOOTH OPERATIONS
Road repair equipment are in full swing use across the country. We know why
6 mins
September 2025
Construction Week
MAHA GOVT PLANS ₹6.6K CR SHIPYARD CLUSTER
A consultant being appointed to conduct a techno-economic feasibility study.
1 min
September 2025
Construction Week
MOVING THE WORLD
Material handling equipment have become more rampant across sites as larger projects need materials movement
6 mins
September 2025
Construction Week
YOGI ANNOUNCES ₹30K CR PLAN FOR BRAJ
UP govt orders housing devt authorities to expedite land aggregation for greenfield townships.
1 mins
September 2025
Construction Week
WHITE LOTUS UNVEILS ₹700 CR INVESTMENT PLAN
Times expansion with a structural shift in India's luxury housing market.
1 mins
September 2025
Construction Week
FADNAVIS QUESTIONS RISING REAL ESTATE PRICES
Hands over keys to homeowners of BDD redevelopment project in Worli, Mumbai.
1 mins
September 2025
Construction Week
SHOULDERING INDIA'S INFRASTRUCTURE AMBITIONS
Versatile backhoe loader machines are reshaping India's infrastructure, driven by tech innovation, policy, and rising demand.
4 mins
September 2025
Construction Week
INDIA SURPASSES UK, USA IN HPI
India's residential property market posts 7.7% annual price growth in Q1-2025, outperforming the United States, United Kingdom, and Australia.
1 min
September 2025
Listen
Translate
Change font size